Anadarko terminates ‘Belford Dolphin’ contract

Anadarko, a U.S.-based independent oil and gas exploration and production company has terminated a contract for one of Dolphin Drilling’s offshore drilling rigs.

Fred. Olsen Energy ASA, a parent company of Dolphin Drilling, has said that its subsidiary has received a termination for convenience notice from Anadarko Petroleum Corporation for the contract for the Belford Dolphin drillship.

The termination for the drillship, currently employed offshore Mozambique, will be effective in early September 2015. The termination fee is approximately $52 million.

Fred. Olsen has said that the rig will undergo its five-year Class Renewal Survey in second/third quarter 2015, which will take around 100 days and cost $130 million.

Offshore Energy Today staff

 

Share this article

Follow Offshore Energy Today

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply